Chestnut Inc., an American retail company, has developed a supply-chain network that maps out a production process from beginning to end, including purchasing, production, warehousing, transportation, and inventory. In which of the following ways can it optimize its supply chain?

Question

Quizplus · Accepted Answer

Applying data analytics can help Chestnut Inc. optimize its supply chain by providing insights into demand forecasting, inventory management, and transportation logistics, leading to more efficient operations and cost savings.